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obama will succeed. you'll see. >> brown: we will see what happens later in the week. we'll follow it. martin indyk, david makovsky thank you both very much. >> ifill: margaret warner is traveling with the president to the middle east. her first report tomorrow will examine the political and ideological rifts among the palestinians. >> woodruff: now, the latest in our series of reports about older workers. our focus this time: the interesting and sometimes perplexing dilemmas colleges and universities face as their teaching workforce is graying. economics correspondent paul solman was back on campus, part of his on-going reporting, "making sense of financial news." >> when my doctor or my wife tells me i ought to stop, i will stop. >> solman: 75-year-old former george washington university president stephen trachtenberg still teaches public service there. >> you guys are all working well togetherm and that's wonderful. >> solman: at george mason university, 71-year-old writing professor don gallehr is still teaching too. >> if the kids are happy and learning and i'm ha
obama will succeed. you'll see. >> brown: we will see what happens later in the week. we'll follow it. martin indyk, david makovsky thank you both very much. >> ifill: margaret warner is traveling with the president to the middle east. her first report tomorrow will examine the political and ideological rifts among the palestinians. >> woodruff: now, the latest in our series of reports about older workers. our focus this time: the interesting and sometimes perplexing dilemmas...
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work on the contrasting house and senate plans continue this week. for "nightly business report" i'm john harwood on capital hill. >> i asked when we spoke recently but began by getting him to rate the u.s. economy on a scale of 1 to 10 with 10 being very strong. >> i think it's trying to be a 6 but the government, in generally, the government doing the wrong thing might be pulling it back to a 4. we're definitely off the bottom and economy is trying to recover. . are you concerned? i spoke with form early fed chairman alan greenspan. he said with respect to the sequestered, rising asset prices both in stocks and housing may in part overset the otherwise dill tear just effects of the federal spending cuts. are you in that camp at all? >> not especially. there's a little bit coming from stocks but the main thing is housing is coming back. we've bit very few house force a long time. household debt is coming down relative to income. balance sheets are in better shape. we have in a way, we've been down so long there's no place to go but up, so the privat
work on the contrasting house and senate plans continue this week. for "nightly business report" i'm john harwood on capital hill. >> i asked when we spoke recently but began by getting him to rate the u.s. economy on a scale of 1 to 10 with 10 being very strong. >> i think it's trying to be a 6 but the government, in generally, the government doing the wrong thing might be pulling it back to a 4. we're definitely off the bottom and economy is trying to recover. . are you...
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president obama officially ending weeks of speculation and formally nominating justice department official tomas perez to be the next secretary of labor. his nomination is controversial and repugnant. they say he has a radical-ish on records from immigration and liberal laws to voting rights. not to mention president obama already in a constitutional challenge to his choices to sit on the national labor relations board. they're taking its fight all the way to the supreme court after a d.c. appellate court invalidated the recess appointments made when the senate wasn't in recess. the senator has vowed to block the nomination. other stories we are bringing you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the
president obama officially ending weeks of speculation and formally nominating justice department official tomas perez to be the next secretary of labor. his nomination is controversial and repugnant. they say he has a radical-ish on records from immigration and liberal laws to voting rights. not to mention president obama already in a constitutional challenge to his choices to sit on the national labor relations board. they're taking its fight all the way to the supreme court after a d.c....
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last week, barack obama spoke on israeli television, addressing directly some of israel's concerns. > i have been crystal clear about my position on iran possessing a nuclear weapon -- that is a red line for us. it is something that would not only be dangerous for israel but would be dangerous for the world, dangerous for u.s. national security interests. >> in washington, it is no secret that obama does not have a good relationship with israel's prime minister, benjamin netanyahu. even if they put on a united front in public, as here in washington last year. >> they have fundamentally different views of how to advance peace in the area. the president started off by pressuring israel to make concessions, and israel, understandably, resisted and resented, and it has been like that for the last four years, unfortunately. >> israel looks to the u.s. to safeguard its very existence. republicans are quick to point out that while obama visited egypt during his first term, he never went to israel. they accuse the president of pandering more to the muslim world than to washington's key ally,
last week, barack obama spoke on israeli television, addressing directly some of israel's concerns. > i have been crystal clear about my position on iran possessing a nuclear weapon -- that is a red line for us. it is something that would not only be dangerous for israel but would be dangerous for the world, dangerous for u.s. national security interests. >> in washington, it is no secret that obama does not have a good relationship with israel's prime minister, benjamin netanyahu....
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to shoot the traditional democratic santa clause of of social security and look at this is the same week the president obama went on record saying through his top economic adviser that he prefers cuts to social security to the so-called chain c.p.i. those would those would be big cuts so now we have a democratic president on record saying that he prefers this what's amazing about this and also sickening is that you have a democratic president just one reelection a day. craddock united states senate and a republican party in control of the house only three gerrymandering member democrats got more votes for the u.s. house total in the republican. that's right so the crazy thing is that the republicans are in such a politically weakened position and. driving the legislative agenda they've affected created a situation where a democratic president has chance. why would obama do that particularly when you look at the polling out that the congressional progressive caucus is budget which is a genuinely progressive budget that also balances the budget over to a ten year period is far far away pre
to shoot the traditional democratic santa clause of of social security and look at this is the same week the president obama went on record saying through his top economic adviser that he prefers cuts to social security to the so-called chain c.p.i. those would those would be big cuts so now we have a democratic president on record saying that he prefers this what's amazing about this and also sickening is that you have a democratic president just one reelection a day. craddock united states...
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as president obama travels to israel and the west bank this week, they are trying to assess whether a real opportunity exists for the united states to try to revive the long-stalled israeli/palestinian peace process. but among ordinary palestinians, he'll find no expectations that the u.s. can or will do anything to change the situation. >> when obama came to power we hoped he'd have a different policy but israeli pressures have had influence on him. >> he is not welcome here in palestine. what will he do for us? all of them are standing with israel, not with the palestinian people. >> warner: an even bigger hurding: the deep division among palestinians reflected in the ongoing split between hamas and fatah. this wall on the street in gaza is adorned by the smiles of two dead men-- yasser arafat, the fatah founder and first palestinian president who died in 2004-- and hamas spiritual leader sheikh achmed yassin, assassinated by his israel earlier that year. but the long time member of the p.l.o. says the two movements are poles apart. hamas and fatah have a serious split. it's multif
as president obama travels to israel and the west bank this week, they are trying to assess whether a real opportunity exists for the united states to try to revive the long-stalled israeli/palestinian peace process. but among ordinary palestinians, he'll find no expectations that the u.s. can or will do anything to change the situation. >> when obama came to power we hoped he'd have a different policy but israeli pressures have had influence on him. >> he is not welcome here in...
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first up, last week, president obama told a tv interviewer he didn't have immediate debt crisis. or we in america don't have an immediate debt crisis. and this weekend speaker boehner said basically the same thing. >> we do not have an immediate debt crisis. but we all know that we have one looming. >> all right. you know what, i think they both could be right. i don't think we have an immediate debt crisis. i like to see more growth, not just debt root canal. oh, my god, i said it. that's, by the way, why the business round table of american ceos is pushing hard for a lower, more competitive, more pro-growth 25% corporate tax rate. so let's talk about this. steve forbes, judd gregg, jared bernstein, still with us. all right, steve forbes, look, i have -- i want to balance the budget all the rest of it, but it just strikes me that the republicans are a little bit too root canal, a little bit too debt-obsessed, a little bit too deficit-obsessed and don't talk about the economy and jobs, which polls still show are the number-one issue. >> yeah, they've got to go back to reagan and
first up, last week, president obama told a tv interviewer he didn't have immediate debt crisis. or we in america don't have an immediate debt crisis. and this weekend speaker boehner said basically the same thing. >> we do not have an immediate debt crisis. but we all know that we have one looming. >> all right. you know what, i think they both could be right. i don't think we have an immediate debt crisis. i like to see more growth, not just debt root canal. oh, my god, i said it....
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this week, both president obama and john boehner agreed on something. we are not, repeat, not facing an imminent debt crisis. barrelling towards 17 trillion dollars in debt, what? me worried? we're on that one next. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." today is gonna be an important day for us. we wanna be our broth's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest ties. siemens. answers. ...amelia... neil and buzz: f
this week, both president obama and john boehner agreed on something. we are not, repeat, not facing an imminent debt crisis. barrelling towards 17 trillion dollars in debt, what? me worried? we're on that one next. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because...
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. >> rose: president obama will travel to the middle east this week. it will be his first time visiting since he entered the white house four years ago. he will meet newly reelected prime minister benjamin netanyahu in jerusalem on wednesday. the president has often been criticized for his distance relationship with the israeli leader but many see this visit as a chance to make things better. much is at stake as israel grapples with a nuclear iran and a lagging peace process. joining me, aaron david miller, vice president of woodrow wilson international center for scholars and a former middle east advisor to democratic and republican secretaries state. here in new york, steven cook of the council on foreign relations. i'm pleased to have both of them back on this program. let me begin with you steven what's the hope of this trip? >> well, the hope is at least officially for the president to reset his relationship with the israeli leader and the israeli people. as you pointed out. there's been some difficulty in the relationship between the leaders. the
. >> rose: president obama will travel to the middle east this week. it will be his first time visiting since he entered the white house four years ago. he will meet newly reelected prime minister benjamin netanyahu in jerusalem on wednesday. the president has often been criticized for his distance relationship with the israeli leader but many see this visit as a chance to make things better. much is at stake as israel grapples with a nuclear iran and a lagging peace process. joining me,...
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a record-breaking run last week. you have home production neared the unemployment rate falling. >> first of all, we have dysfunction in washington. we do not have a budget deal. economic growth was tested in the fourth quarter. there is no sign that it is reviving. there really is no revival on main street. connell: is there something politically bad be done? is there something they are not doing right? shouldn't they be better able to take advantage of the perfect stock market and little bit better economic numbers? i think the president is trying to do that now, connell. reaching out to the public senators and paul ryan. we made a deal on the but with newt gingrich. the same thing needs to be done now. dagen: something really struck me. i do not mean to harp on it. the average american wakes up in the morning, you tell me how he feels or she feels that deficit with the daily impact. you kind of hurt that a little bit and what the president living in that abc news interview as well. is that a new track for the democ
a record-breaking run last week. you have home production neared the unemployment rate falling. >> first of all, we have dysfunction in washington. we do not have a budget deal. economic growth was tested in the fourth quarter. there is no sign that it is reviving. there really is no revival on main street. connell: is there something politically bad be done? is there something they are not doing right? shouldn't they be better able to take advantage of the perfect stock market and little...
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bill: washington getting ready for a possible government shutdown about a week from now? will that happen? the obama administration warning lawmakers it might have to cancel the annual easter egg roll on the first of april. that event happens every year. expected to draw ten of thousands to the white house set for april 1st, just a few days after the could run out of money. white house is saying finally by using these tickets guests are acknowledging this is subject to cancellation due to funding uncertainty surrounding the executive office of the president and other federal agencies. if canceled the event will not be scheduled. we'll notify you if there are any modifications of the event. that bass part of the fine print given to members of congress when the invites went out. invites to bob beckel, former campaign manager co-host of "the five." brad blakeman, deputy campaign manager of president george w. bush. good morning to you. who wants to be peter cottontail here? brad, do you want to raise for your hand for that or is that better suted for bob? >> i will raise my
bill: washington getting ready for a possible government shutdown about a week from now? will that happen? the obama administration warning lawmakers it might have to cancel the annual easter egg roll on the first of april. that event happens every year. expected to draw ten of thousands to the white house set for april 1st, just a few days after the could run out of money. white house is saying finally by using these tickets guests are acknowledging this is subject to cancellation due to...
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economy. >> reporter: and house budget chair paul ryan a few minutes ago called it a good week for house republicans, because he says they are presenting the country a budget that balances in a responsible way. jon? jon: seems like a lot of finger pointing still underway on capitol hill. mike emanuel. >> reporter: i guess. jon: thanks. jenna: a key vote is set to take place on a plan that sees up to 10 percent of some bank goes -- deposits in cypress. it's raising a whole lot of questions worldwide because of the precedent it might set. greg talcott is live in london so, greg, how do things stand now in cyprus? >> reporter: jenna, we are less than an hour to the start of a debate on that plan. reports are that plan has been modified to make it a bit easier to take. the reports again say that there will be no tax or levy imposed on depositors around $30,000 or so but anywhere from 7-10% on all deposits after that. some atms are working on the island nation of cyprus, the banks on that island remain closed. there is the fear of a run on those banks. the sip ri yacht president spoke to the
economy. >> reporter: and house budget chair paul ryan a few minutes ago called it a good week for house republicans, because he says they are presenting the country a budget that balances in a responsible way. jon? jon: seems like a lot of finger pointing still underway on capitol hill. mike emanuel. >> reporter: i guess. jon: thanks. jenna: a key vote is set to take place on a plan that sees up to 10 percent of some bank goes -- deposits in cypress. it's raising a whole lot of...
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president obama has spent the last few weeks sit down with congressional republican senatial republicans and talking about maybe getting some type of grand bargain. it's called the charm offensive by some. he claims to be looking for a bipartisan solution to the many budget problems we've been facing for the last four years. joining us now, a man straight from the business world to the senate seat, senator ron johnson. you were at both of those meetings. we heard about substance and directness. you believe the president knows exactly what he needs to do with entitlements. he's just not saying it. correct? >> good morning, brian. yeah. he laid out very accurately really the priority of the problems, health care spending, medicare. it was interesting because he made the point that part of the problem in reforming medicare is that americans pay one dollar in, but they're going to get $3 out in benefits and he went on it say but americans don't understand that, so my input back to him was, mr. president, you have the bully pull bit. if you start informing the american people, start preparing
president obama has spent the last few weeks sit down with congressional republican senatial republicans and talking about maybe getting some type of grand bargain. it's called the charm offensive by some. he claims to be looking for a bipartisan solution to the many budget problems we've been facing for the last four years. joining us now, a man straight from the business world to the senate seat, senator ron johnson. you were at both of those meetings. we heard about substance and directness....